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Remember the bikini graph? it's a real favorite on "the rachel maddow show." displays job losses by gains by month and fittingly it had been looking really good until lately. there was the terrifying plunge during the last few months of the bush administration, and a gradual reduction in the losses and finally actual job growth. so far, so good. except now job growth has diminished, the unemployment remains stubbornly high, and the recovery act, running out of steam. republicans should get the li lion's share of the blame, it is their caucus that has obstructed just about every single attempt ...

So this number changed a little bit. instead of gaining 162,000 jobs in march, this number changed a bit too. we actually gained 230,000. that brings us to april. that brings us to last month. i love doing this. ready? last month -- ta-da! 290,000 jobs created in april. go america. usa. usa. the biggest job creation in four years. the biggest one-month manufacturing job creation in almost 12 years. so instead of this thing looking like a bikini, it's now starting to look like -- i don't know. i don't know. maybe a loch ness monster maybe? see? loch ness? does that help? yeah. little loch ness ...

It's not something you can message around really easily. democrats can't tell you the economy is good if you've got 10% unemployment come november, and republicans can't tell you it's really bad if your neighbors are getting a job and you're seeing the unemployment numbers go down. so this will be won out by how good the economy is in november. it's not going to be about eric cantor's press releases. >> it is common wisdom and one piece of common wisdom that i agree with that the most important thing that's going to drive the election in november or any election is the unemployment rate, how p...

Spending its money on entertainment and liquor and high fashion. and i think that particular sort of rub up against -- on the one hand the rhetoric and on the other hand the behavior is precisely the sort of thing that ought to produce anxiety for us. >> well, it's -- clearly democrats and liberals are laughing at the rnc at this, and a lot of speculation is what it means for michael steele as rnc leader. what you're getting at is a more fundamental issue, which is, are republicans going to have trouble on their right flank from this? are the right-wing populist protesters on the street the rn...

March, same deal. another 750,000 jobs gone. okay, now watch what happens. in april of 2009, the job losses begin to taper off. in may, the news gets a little better. the fewest number of jobs lost in nine months. june, that trend reverses a bit, about 500,000 jobs lost that month. then july hits, and we're going in the right direction here, 346,000 jobs lost that month. august, about 200,000 jobs lost. this is what we've been calling the bikini graph. although i profess not to see it, the staff of "the rachel maddow show" insists to me that when much of america looks at this graph, what they ...